Edition:
United States

Ana Isabel Martinez

Exclusive: Mexico's Pemex to begin 2021 oil hedge contracting soon - source

Nov 26 2020

MEXICO CITY Mexican oil giant Pemex is about to start the process of contracting an oil hedge for 2021, a senior source at the company told Reuters, after the previous two hedges delivered bumper payouts for the highly-indebted company.

Mexico's Pemex swings to profit on currency gains, lower taxes

Oct 28 2020

MEXICO CITY Mexican national oil company Petroleos Mexicanos (Pemex) on Wednesday reported a third-quarter net profit of 1.4 billion pesos ($64 million), helped by currency gains and a lower tax bill.

UPDATE 3-Mexico's Pemex places bond to refinance debt, gets strong demand -source

Oct 08 2020

MEXICO CITY, Oct 8 Petroleos Mexicanos on Thursday placed a $1.5 billion bond to refinance debt, with bids more than six times oversubscribed, said a source with the Mexican state oil firm, the first such operation since it lost its investment grade rating.

Mexico's Libre Abordo announces bankruptcy, termination of swap with Venezuela

May 31 2020

MEXICO CITY Mexico-based company Libre Abordo said on Sunday it was bankrupt and that Venezuelan President Nicolas Maduro had terminated an oil-for-food agreement that had allowed the firm to supply water trucks in exchange for millions of barrels of Venezuelan crude.

Exclusive: FBI probes Mexican, European firms over Venezuela oil trading - sources

May 16 2020

(This May 13 story corrects to add denial from Elemento's lawyer provided to Reuters after May 13 story was published and specifics relating to the trading activity of some of the firms)

Hospitals treating COVID-19 in Mexican capital quickly filling up

May 10 2020

MEXICO CITY Coronavirus patients were being turned away from hospitals in the Mexican capital on Saturday, as both public and private medical facilities quickly fill up and the number of new infections continues to rise.

Copados la mayoría de hospitales que atienden a pacientes con COVID-19 en Ciudad de México

May 09 2020

CIUDAD DE MÉXICO, 9 mayo La mayoría de los hospitales públicos y privados que atienden a pacientes con COVID-19 en Ciudad de México y zonas aledañas se encontraban copados el sábado, según información del gobierno capitalino y las empresas, en momentos en que el área enfrenta la etapa más aguda de la epidemia.

Mexico's Pemex bleeds more red ink in nearly $24 billion quarterly loss

Apr 30 2020

MEXICO CITY Mexican state oil company Pemex, hammered by a collapse in crude prices and a sharp depreciation of the Mexican peso, on Thursday posted a multibillion-dollar quarterly loss that was far wider than losses a year earlier.

Some private Mexico City hospitals start filling up with coronavirus patients

Apr 29 2020

MEXICO CITY At least five of Mexico City's largest private hospitals have filled up with coronavirus patients and have no room for new ones, doctors and hospital workers said on Tuesday, though more than 100 other medical centers have available beds.

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